Avfuel and Neste Ink Extension of SAF supply agreement.

Avfuel Corporation and Neste finalized a partnership extension that keeps the companies at the forefront of sustainable aviation fuel (SAF) supply for business aviation, cementing their leadership positions in the sustainable space.

The agreement extends the companies’ partnership in 2024 and sets the framework till December 2027, continuing their work on enhancing access to Neste MY Sustainable Aviation Fuel^TM for business aviators, from corporate flight departments and FBOs, to major OEMs.

Since the inception of the partnership in 2021, Avfuel’s uptake of SAF has experienced exponential growth, tripling each year. In line with this trend, Avfuel will triple its offtake from Neste again in 2024 and expects this trajectory to persist in the years to come. The new agreement with Neste will accommodate this rapid growth, ensuring a stable, sustainable supply chain for Avfuel and its fuel-consuming customers.

The supply agreement extension comes at a pivotal moment as Neste began supplying SAF out of its terminal capacity in Los Angeles earlier this month. This new terminal location enhances access to SAF in terms of both volume and geography, bolstering Avfuel’s ability to supply the sustainable option across the western United States. Avfuel will source SAF from both of Neste’s terminals in northern and southern California, expanding supply to new markets and states.

Keith Sawyer, Avfuel’s manager of alternative fuels, said:

We are proud to not only continue our partnership with Neste, but also immensely grow its scope with greater product access.

“This agreement underscores our mutual commitment to reducing emissions and advancing the adoption of eco-friendly solutions in aviation.”

Alexander Kueper, vice president, renewable aviation at Neste said:

We are proud to extend our partnership with Avfuel and enable its customers to reduce the emissions from their air travel by using Neste MY Sustainable Aviation Fuel.

“Neste is fully committed to supporting the aviation industry in reducing greenhouse gas emissions by working closely together with partners like Avfuel, and we look forward to continuing to work together as we expand our SAF production and supply capabilities.”

Avfuel is on-site at NBAA’s Schedulers & Dispatchers Convention this week (booth #841) with a robust presence alongside 65 partner FBOs to promote sustainable solutions, like SAF, and flying and fueling throughout the Avfuel Network. At the event, Avfuel will showcase its new program, AvfuelZero, which enables operators to simplify their sustainability journey with a streamlined five-step approach:

1. Assess emissions created from aviation operations
2. Set achievable goals (including meeting requirements for association accreditation programs)
3. Abate emissions using in-house solutions (SAF, book and claim, carbon offsetting)
4. Communicate and report progress
5. Audit compliance

While in the Avfuel Aisles, attendees can explore premier fueling locations, win boutique prizes and learn more about Avfuel’s suite of services: insurance, trip planning, contract fuel, loyalty rewards and so much more.

Marci Ammerman, Avfuel’s vice president of marketing, said, “We love opportunities to be on-site to engage with industry professionals and showcase Avfuel’s commitment to business aviation—from industry-leading programs to sustainable offerings. It’s what our industry is all about: facilitating connections and pushing innovative envelopes that scale throughout the world of aviation.”

About Neste MY Sustainable Aviation Fuel^TM

Now commercially available, SAF is the most effective way to reduce the carbon footprint of air travel. Neste MY SAF can reduce greenhouse gas emissions by up to 80%* compared to fossil jet fuel if used in its neat, concentrated form.

Made from sustainably sourced, 100% renewable waste and residue raw materials, such as used cooking oil, Neste MY SAF meets ASTM D-1655 specification for conventional jet fuel and performance standards under all operating conditions. This makes it an optimum solution for reducing greenhouse gas emissions from air travel, without requiring new investments or modifications to aircraft or fuel infrastructure.

For more information about sustainable aviation fuel, visit Avfuel.com/SAF or contact Keith Sawyer at ksawyer@avfuel.com.

*When used in neat (unblended) form over the fuel’s life cycle and calculated with established life cycle assessment (LCA) methodologies, such as CORSIA methodology

About Avfuel Corporation

Avfuel provides fuel and services—including sustainable fuel and initiatives—to the global aviation industry and is the leading independent supplier in the United States. Established as a supply and logistics company more than 50 years ago, Avfuel is core competent in every aspect that surrounds the delivery of fuel—from refinery to wingtip.

Avfuel combines global access with personalized service throughout a fueling network of more than 3,500 locations worldwide and 675+ Avfuel-branded FBOs. Our 100% dedication to aviation demonstrates our passion and commitment to a global community that prospers on the movement of goods and services around the world.

Avfuel and Neste Ink Extension of SAF Supply Agreement, FORT WORTH, Texas / March 12, 2024